Policy

Centre is set to amend the Motor Vehicles Rules making it compulsory for authorities to accept digital version of of all vehicle documents including pollution under control certificates and insurance documents. The road transport ministry will issue an advisory on the matter in the next two days.

The delivery of policies through the instant messaging platform will be in addition to the email copy that the company will be sending. The customer will also receive a physical copy of the policy, the need for which depends on the requirements of local police.

The file pertaining to the draft policy has been shuttling between STA and UT transport department. After much delay, STA has written to the transport department seeking clarity whether to go ahead with the policy or scrap it.

The Irda order follows a Supreme Court order dated August 10, 2017 where the court directed insurance companies not to insure a vehicle unless it has a valid PUC certificate on the date of renewal of the insurance policy.

A bench of Madras high court has observed that the Centre should amend the Motor Vehicles Act to make it mandatory for every vehicle to purchase comprehensive insurance policy rather than just third party one so that each occupant is eligible for compensation in case of death or injury.

“The latest policy puts major focus on second generation feedstock as the country is seriously contemplating to replace at least 10% of oil imports. Offtake agreement is also being talked about with a 15-year buyback guarantee.”

CM wants the industries department to adopt a ‘wait and watch’ policy to see how the central government prepares the roadmap for boosting EV adoption in the country, Telangana IT and industries department principal secretary Jayesh Ranjan said on Friday.

Reiterating its commitment to roll out the first electric car by 2020 here, German luxury carmaker Audi said, to achieve this, the government has to first formulate a clear policy to avoid any confusion amongst manufacturers and set up enough charging stations.

India today indicated that it may withdraw the notification imposing additional duties on 29 US products, to be effective from August 4, if both the sides are able to sort out the differences over tariffs, official sources said.

​​This comes as a surprise to the industry as Rakesh was recently elevated to the position of Directo Sales and Marketing which was the third promotion for him in six years of his tenure in the company.